Make your money work as hard as you do

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A great reason to invest is to generate additional income to fund your lifestyle

The problem is that to become an investor you need to have extra cash. If you’re spending what you earn and not living beyond your means, you either need to make more money or to cut-back on your spending.

What if you could invest without having to make these changes?

Switching household spend to your Save Debit Invest Card can cumulatively lead to a significant amount of investment matching. To illustrate, the average US household’s cost of living is estimated to be $4,536 a month*. By switching this expense to their Save card, Save would invest $4,536 each month on their behalf.

For every month you spend, your investment matching will be creating an additional possible source of income

Let’s imagine each month you:

  • Spend $4,536 on qualifying purchases.
  • Save invests $4,536 into your chosen investment strategy.
  • In 12-months’ time and each month from there on, you are paid any positive investment return generated, less Save’s management fee of 0.59%**.

Remember if your portfolio were to decline over a 12-month period, you simply would make a 0% return for that period. Additionally, Save only charges a fee if your portfolio’s gross return is greater than its fee.

Earn market returns paid directly into your debit card account

No change in your spending is necessary. For every month you spend, after 12-months, the investment return is paid directly into your debit card account. As such, you can generate additional income without changing your work-life balance or spending habits.

The below table is designed to demonstrate the types of monthly returns that could be generated based on an average monthly spend of $4,436. The returns shown are average returns that would have been generated by the Moderate strategy per month since 2006. As you can see, after 12-months of being invested your monthly spending can lead to an additional income. No predictions are being made, and what is paid depends on the performance of your chosen investment strategy.

Average monthly spend ($)12-month period toPotential Example Return ($)Example Return (%)
4,536.00January   145.153.20%
4,536.00February140.163.09%
4,536.00March136.993.02%
4,536.00April132.902.93%
4,536.00May129.282.85%
4,536.00June128.372.83%
4,536.00July123.832.73%
4,536.00August120.662.66%
4,536.00September131.092.89%
4,536.00October142.433.14%
4,536.00November148.783.28%
4,536.00December147.423.25%

The below bar chart brings the table above to life, showing you how the monthly returns could look if you spend on a cumulative monthly basis. Again no predictions are being made and what is paid depends on the performance of your chosen investment strategy.

Although the average annual return for Save’s Moderate investment strategy is 2.98%, the actual monthly return you’re paid fluctuates in line with the performance of your chosen investment strategy.***

What might you spend this additional income on?

A celebratory meal out with your family? A new pair of sneakers? Or maybe you will use this additional source of income to start investing even more!

Join Save today HERE and make your money work as hard as you worked making it.

*Source: https://www.expatistan.com/cost-of-living

** Any investments that are made on your behalf will be charged a management fee of 0.59%, if there are returns. If your returns are less than 0.59%, there’s no fee. You can see more information about our fees by reading Save’s Terms & Conditions.

***Average annual returns are based on hypothetical back-tested performance. Hypothetical back-tested performance is no guarantee of future performance and actual results will vary. Returns are subject to change daily. Minimum return will always be at least 0%. All return figures shown are for informational purposes only and are not actual customer returns. For more detailed information please see Hypothetical Back-testing.

The debit account component of the Save Debit Invest card product is provided by Radius Bank now Lending Club Bank, N.A., Member FDIC pursuant to license by Mastercard.

Emma Wright, Financial Coach, Chartered Financial Planner, founder of Emma Wright Coaching. 

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